The Reserve Bank of India's foreign exchange reserves increased by $15 billion in the week ending March 7, reaching $653.9 ...

“The Subhadra scheme was the first government programme to distribute funds using the digital rupee. Following the success in ...

The RBI is examining whether unhedged forex liabilities are an issue specific to IndusInd Bank or a broader banking problem.

Malhotra took over as RBI Governor in December 2024, replacing Shaktikanta Das who demitted office after completion of his ...

The Reserve Bank of India on Tuesday said it will shortly issue banknotes of Rs 100 and Rs 200 denominations bearing the ...

IndusInd Bank disclosed discrepancies in accounting for foreign currency derivative trades over a period of five to seven ...

After the discrepancies were revealed, IndusInd Bank's stock fell over 27%. Chairman Ashok Hinduja assured investors that he ...

The lender lost over a quarter of its market cap in a single day. Thankfully, investors and depositors march to a different ...

Mumbai: The Reserve Bank of India (RBI) has announced that it will soon issue Rs 100 and Rs 200 denomination banknotes ...

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The Finance Ministry clarified that the rupee's value is determined by market forces, without any fixed target or band.

In a recent report, the Reserve Bank of India disclosed that the nation’s forex reserves declined by $1.8 billion in the week ...